Post
Topic
Board Beginners & Help
Re: Profit or No profit?
by
eann014
on 18/12/2017, 15:46:04 UTC
Hey guys,

In order to benefit, will I have to cash out bitcoin when it gets high? That would mean i would have to sell it for dollar or other currency.
When i am buying online with coin, if it says the shirt is for $25, will they calculate how much $25 is worth in BTC at the current market rate or
how much it originally started with? If its at the current market rate, then whats the point of bitcoin if i am not profitting?
Your bitcoin amount would still the same on how much you put in your wallet, if you want to buy something online then the amount of that stuff will compute on how much is that stuff in your currency. If you already gain profit in your wallet with your currency it will still there as long as you are just spending the amount of what you are buying.